Ranpak Holdings Corp. (PACK)
NYSE: PACK · IEX Real-Time Price · USD
7.27
-0.12 (-1.62%)
Apr 25, 2024, 1:34 PM EDT - Market open
Ranpak Holdings Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ranpak Holdings stock have an average target of 7.33, with a low estimate of 5.00 and a high estimate of 10. The average target predicts an increase of 0.83% from the current stock price of 7.27.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PACK stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $8 → $10 | Strong Buy | Maintains | $8 → $10 | +37.55% | Apr 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $6 → $8 | Strong Buy | Maintains | $6 → $8 | +10.04% | Mar 12, 2024 |
| Baird | Baird | Buy Maintains $5 → $7 | Buy | Maintains | $5 → $7 | -3.71% | Mar 12, 2024 |
| Baird | Baird | Buy Maintains $6 → $8 | Buy | Maintains | $6 → $8 | +10.04% | Aug 4, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $4.5 → $5 | Hold | Maintains | $4.5 → $5 | -31.22% | Jul 18, 2023 |
Financial Forecast
Revenue This Year
374.53M
from 336.30M
Increased by 11.37%
Revenue Next Year
411.33M
from 374.53M
Increased by 9.83%
EPS This Year
-0.27
from -0.33
EPS Next Year
-0.21
from -0.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 391.0M | 428.9M | 484.5M |
| Avg | 374.5M | 411.3M | 470.6M |
| Low | 355.6M | 386.8M | 452.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.3% | 14.5% | 17.8% |
| Avg | 11.4% | 9.8% | 14.4% |
| Low | 5.7% | 3.3% | 9.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.18 | -0.09 | -0.26 |
| Avg | -0.27 | -0.21 | -0.26 |
| Low | -0.34 | -0.32 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.